The gift card company wins strategic investment from Citi Ventures.

Citi Ventures, the corporate venturing unit of US-based bank Citigroup, invested an undisclosed sum as a strategic investment in gift card company Plastic Jungle in January.

Chris Kay, managing director and head of ventures for Citi Ventures, said: "Plastic Jungle has established itself as a leader in the payments exchange space. Their team is focused on providing a flexible and efficient consumer experience, increasing consumer choice and driving new value from existing currencies. We are happy to help them expand…